August 23, 2016

IDEA up 7% on some crazy rumour

This is the chart followed by a swift denial from the management.

IDEA DENIES MERGER/DEAL with VODAFONE

Regrettably, CNBC-TV18 have put out a wrongheaded baseless story stating that Idea is in talks with Vodafone on stake sale. This is absolutely untrue and preposterous. There is no such intent. We request you not to be swayed by such motivated feed. Do not lend any credence to it.